The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
Dollar News
A dollar is the national monetary unit of the USA, along with some other countries, and the most common types of dollar are the US dollar, the Canadian dollar, the Australian dollar, etc. Most affairs are made with the use of USD and, besides that, after World War II, the US dollar has become the world’s primary reserve currency or worldwide currency. In 1971, the cancellation of the direct convertibility of the United States Dollar to gold was ordered by President Richard Nixon. In some countries the dollar has the status of being the de facto currency which allows using it instead of the official one. The right of issuing the US dollars belongs to the Federal Reserve System and all dollar bills that have been issued since 1861 are still legal.
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Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
28649Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans.
2874Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.
16744Rushing to the so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve could taper its $120-billion-a-month asset-purchasing program.
17839The Salvadoran government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender.
12874The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million.
9935The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value.
13425In our latest video report, Cointelegraph addresses the systemic risk posed by stablecoins.
6942The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.
14007Da Vinci’s artwork has received the highest bid at 150,500 BUSD in the Hermitage’s first NFT auction on Binance.
6380Mexican crypto exchange Bitso was announced as a core partner for El Salvador's state-issued BTC wallet.
9084What the United States needs is tens of billions of dollars, and the state is going to take it from the American crypto community.
2792Retirees and veterans in El Salvador are worried that the government will start paying their pensions in Bitcoin instead of the U.S. dollar.
20302The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to discuss Bitcoin.
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